T-Gaia Corporation Stock Forecast

T-Gaia Corporation stock price ended at JP¥2,101.00 on Wednesday, after gaining 1.06%.
(Updated on Apr 24, 2024)

3738.T Signals & Forecast

Mostly positive signals in the chart today. The T-Gaia Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at JP¥2,063.57 and JP¥2,070.71. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, April 05, 2024, and so far it has risen 4.22%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. The stock had a Golden Star Signal on Monday, April 22, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for T-Gaia Corporation stock

T-Gaia Corporation finds support from accumulated volume at JP¥2,090.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved JP¥30.00 between high and low, or 1.44%. For the last week the stock has had daily average volatility of 1.34%.

Our recommended stop-loss: JP¥1,993.64 (-5.11%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 13 days ago.)

Trading Expectations (3738.T) For The Upcoming Trading Day Of Thursday 25th

For the upcoming trading day on Thursday, 25th we expect T-Gaia Corporation to open at JP¥2,096.33, and during the day (based on 14 day Average True Range), to move between JP¥2,070.53 and JP¥2,131.47, which gives a possible trading interval of +/-JP¥30.47 (+/-1.45%) up or down from last closing price. If T-Gaia Corporation takes out the full calculated possible swing range there will be an estimated 2.90% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at JP¥2,090.00 (0.52%) than the resistance at JP¥2,118.00 (0.81%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is T-Gaia Corporation stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for T-Gaia Corporation stock to perform well in the short-term period.

Current score: 1.676 Buy Candidate Unchanged

Predicted Opening Price for T-Gaia Corporation of Thursday, April 25, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.